Exceptional investment opportunity at 95 Wellesley Avenue in Hempstead! This legal 2-family property, verified by the Certificate of Occupancy, features two spacious 3-bedroom units—perfect for investors or owner-occupants seeking strong rental income.
Both units have been renovated, newer windows, and comfortable living spaces throughout. The upstairs unit is currently generating $3,600/month in rental income, with the downstairs unit offering the potential to match.
The property also includes a full unfinished basement with a separate outside entrance, presenting excellent potential for additional income with the proper permits—ideal for a future multi-bedroom setup.
Additional highlights includes separate utilties with newer heating and hot water systems located in the basement, ensuring efficiency and peace of mind for years to come.
Don’t miss this turn-key, income-producing property with strong upside potential in a convenient Hempstead location!
Type:
Single-family residential
Basement:
Full, Unfinished, Walk-Out Access
Construction
Shingle Siding
Utilities
Electricity Connected, Natural Gas Connected
95 Wellesley Street, Hempstead, NY, 11550
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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